We develop a hedonic price model on the Gironde estuary (south of France) in order to test the impact of vulnerability to flooding on land prices. The original contribution of our analysis relies on distinguishing the respective impact of two non-structural measures on land prices - the...

Forest benefits are now commonly understood through the ecosystem service framework. Recreational visits to forests, considered an important cultural service, have been the target of a significant proportion of the non-market valuation literature to date. Such models have evolved from relatively...

This paper examines the impacts of non-farm work and land tenancy arrangements on the intensity of investment in soil-improving measures and farm productivity. A multivariate tobit model that accounts for potential endogeneity between the intensity of investment and the non-farm work and tenancy...

In the context of incentivising farm afforestation to provide ecosystem services such as carbon sequestration to mitigate greenhouse gas production, this paper sheds new light on the complexity of the farm afforestation decision and the characteristics of the farms and the farmers who are likely...

Agricultural landscapes are important elements of European culture. There is an increasing recognition that agricultural landscapes represent economic assets; not only because of the production of agricultural commodities, but also by offering significant opportunities for the socioeconomic...

The growth of the urban fringe is widespread throughout the United States, and is impacting many parts of the economy. Agriculture is of particular concern since fringe growth involves low-density development, and consumes a great deal of land relative to suburbanization. The impact of fringe...

Given the importance of land valuation to the various stakeholders, the objective of this research is to develop a theoretically sound model that robustly estimates the market value of land in Kansas, accounting for urban influence. The market value of land is estimated using a hedonic model...

This study analyzes the impact of increasing population density in Kenya’s rural areas on smallholder behavior and welfare indicators. We first present evidence to explain how land constraints can be emerging within an overall context of apparent land under-utilization. Using data from five...

Risks associated with guarantees of land contracts are expected to be greater than guarantees of loans made by commercial lenders. Farmers utilizing seller-financing have greater debts, less cash flow, less equity in real estate, and less solvency than farmers utilizing regular FSA guarantees....

Records of rental agreements for agricultural land in England between 1690 and 1914 are used to develop an annual rental price index for agricultural land. This index displays a long run cointegrating relationship with indices for the price of agricultural output and agricultural wage rates. A...